Data Science Introduction
                     Data Science Introduction
What is Data Science?
 Data science is a deep study of the massive amount of data, which involves extracting 
meaningful insights from raw, structured, and unstructured data that is processed using the 
scientific method, different technologies, and algorithms.
 It is a multidisciplinary field that uses tools and techniques to manipulate the data so that you 
can find something new and meaningful.
 Data science uses the most powerful hardware, programming systems, and most efficient 
algorithms to solve the data related problems. It is the future of artificial intelligence.
Data Science Applications in 
Different inudstries
 Healthcare
 Finance
 Retail and E-commerce:
 Transportation and Logistics:
 Marketing and Advertising
 Telecommunications
Facts About data Science
 Industries use Data Science, along with Machine Learning, to build automated software 
development tools. So, this industry demands Data Science candidates in large numbers. 
According to Indeed, the number of jobs would shoot up to 1 lakh for Data Science in 2023.
 The employment rate for data scientists will grow by 36% from 2021 to 2031. 49% of the job ads 
on LinkedIn are in the IT & Tech industry.
Understanding with example
 Problem Statement: A telecommunications company wants to reduce customer churn, i.e., the 
rate at which customers switch to competing service providers. The company wants to develop a 
predictive model that can identify customers who are likely to churn, allowing them to 
proactively take retention actions.
Types of Data Science Job
 Data Scientist:
◦ Average Salary: INR 1,000,000 to INR 2,000,000 per year
 Data Analyst:
◦ Average Salary: INR 500,000 to INR 1,200,000 per year
 Machine Learning Engineer:
◦ Average Salary: INR 900,000 to INR 1,800,000 per year
 Big Data Engineer:
◦ Average Salary: INR 800,000 to INR 1,500,000 per year
 Data Engineer:
◦ Average Salary: INR 700,000 to INR 1,400,000 per year
 Business Intelligence Analyst:
◦ Average Salary: INR 600,000 to INR 1,200,000 per year
 Data Architect:
◦ Average Salary: INR 1,200,000 to INR 2,500,000 per year
 Data Visualization Specialist:
◦ Average Salary: INR 600,000 to INR 1,200,000 per year
 Data Science Manager:
◦ Average Salary: INR 2,000,000 to INR 4,000,000 per year
 AI Research Scientist:
◦ Average Salary: INR 1,500,000 to INR 3,000,000 per year
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